SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700020049-6
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 6
• Document Creation Date: December 16, 2016
• Document Release Date: August 3, 2005
• Sequence Number: 49
• Publication Date: November 19, 1962
• Content Type: REPORT

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BIWEEKLY REPORT
SINO - SOVIET BLOC
ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
EIC WGR 1/177
19 November 1962
PREPARED BY THE WORKING GROUP
ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
SECRET
Approved For Release *6d08,f' NP 6A~L R
AND DECLASSIFICATION
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Summary of Events
2-15 November 1962
The USSR has renewed its offer to finance and build the Euphrates
Dam in Syria. This project was initially scheduled under the 1957
Soviet aid agreement. No decision on the offer has yet been made.
Sixteen surface-to-air missiles scheduled for delivery to Iraq in
1962 arrived at the end of October. Launchers, radar, tracked prime
movers, and generators had been delivered earlier.
The UAR has been engaged in negotiations with several Bloc coun-
tries aimed at expanding trade and obtaining additional economic assist-
ance. Agreement has been reached on a Hungarian line of credit valued
at $23 million, and further discussions are to be held on a Czechoslovak
credit of $69 million.
The Soviet-built radio station in Conakry, which was completed in
September, apparently is ineffective. Although Soviet technicians re-
late the poor reception to interference from closely competing frequen-
cies used in neighboring countries, there is evidence that the difficulty
is due more to the location of the transmitters and antennas.
Rumania is to provide equipment and technical assistance for the
development of Burma's petroleum industry. Two Rumanian experts
are to begin a survey of Burma's requirements before the end of the
year. Burmese production of crude petroleum is inadequate for
domestic needs, and Burma may be forced to increase its imports
in the next year or so.
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CONTENTS
Page
1. Middle East . . . . . . . . . . . . . . . . . . . . 1
A. Deliveries of Soviet Missiles to Iraq . . . . . . . I
B. Soviet Offer to Build the Euphrates Dam in Syria . 1
C. UAR-Satellite Trade and Aid Negotiations . . . . 2
Unsatisfactory Performance of the Soviet-Built Radio
Station in Guinea . . . . . . . . . . . . . . . . . 3
III. Asia . . . . . . . . . . . . . . . . . . . . . . . 4
Rumanian Aid to the Burmese Petroleum Industry . . 4
IV. Brief Note . . . . . . . . . . . . . . . . . 4
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